When talking stablecoin, first thing on my mind is hive algorithmic stablecoin HBD because it finally is the big bad wolf among the pack (sounds intense right?). Let's take a dive in deep waters, hope you can swim because I can't.
I really can't recall the last time I've spoken about HBD but after the fall of Terra's algo stablecoin UST which first had the highest paying APR of 20%, apparently which is no more, hive stablecoin Hive Backed Dollar HBD is the leader.
The stablecoin is a life saver because it is volatile like crypto, although UST proved otherwise. Definitely done mentioning UST which is the past.
Whenever I check coinmarketcap or coingecko, there's always one question, when?
When would HBD rising from the shadows? Apparently, it seem we in hive ecosystem are the only ones in the cue.
Looking back the line is a long one though and still expecting some really long line up. One reason for a smile is that tomorrow holds the key because while on the right path, you can always expect the end of the destination which is the beginning of a new journey.
The hive community is a committed one and what has been done with the HBD stabilizer is something to be proud of.
@Dalz takes his time to hint us about the progress that's always made with the hbd stabilizer which is absolutely amazing, you can check it out here, it's some pretty amazing stuff being done as the Decentralized Hive Fund DHF is doing also.
The blockchain remains one in a stand through the line.
The pHBD-USDC farm on PolyCUB is also on the rise steadily towards its first goal $500k which stands at $404k. The LP vault on PolyCUB is adding value the hbd now because more HBD can be gotten with this, so it's a steady drive to the destination.
Lately, the savings of HBD are rising fast and stead to create passive income with it.
Simply feeding the savings doing nothing and watch it take 20% every month is a real deal.
There's no doubt that HBD is already in the forefront of stablecoins just awaiting mass adoption.
Thanks for visiting my blog, till next time.
